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CXApp (CXAI) CEO Khurram Sheikh receives 794,393 RSUs, holds 3.5M shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sheikh Khurram P reported acquisition or exercise transactions in this Form 4 filing.

CXApp Inc. director and Chief Executive Officer Khurram Sheikh received a compensation-related equity grant. On June 18, 2026, he was granted 794,393 Restricted Stock Units (RSUs), each representing a contingent right to one share of Class A common stock, at no cash cost per unit.

The RSUs vest in full on the first anniversary of the grant date, provided he continues serving as a director through that date. Following this award, Sheikh directly holds 3,510,828 Class A shares. An additional 453,530 Class A shares are held indirectly by JKSFS Crut, a trust for which he is trustee, and he disclaims beneficial ownership except for any pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Sheikh Khurram P
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Class A Common Stock 794,393 $0.00 --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 3,510,828 shares (Direct, null); Class A Common Stock — 453,530 shares (Indirect, See Footnote)
Footnotes (1)
  1. On June 18, 2026, the Reporting Person was granted 794,393 Restricted Stock Units ("RSUs") as part of the annual compensation package for serving as a director of the Company. Each RSU represents a contingent right to receive one share of Class A common stock of CXApp Inc. The RSUs will vest in full on the first anniversary of the grant date, provided that the Reporting Person continues to serve as a director of the Company through such date. Reflects securities held directly by JKSFS Crut, for which Mr. Sheikh is the trustee. Mr. Sheikh disclaims beneficial ownership of any such securities except to the extent of his pecuniary interest therein.
RSUs granted 794,393 RSUs Annual compensation grant on June 18, 2026
RSU grant price $0.00 per share Reported transaction price per RSU
Direct holdings after grant 3,510,828 shares Class A Common Stock held directly after transactions
Indirect trust holdings 453,530 shares Class A Common Stock held by JKSFS Crut trust
RSU vesting schedule 1-year cliff vest Vests in full on first anniversary of June 18, 2026
Restricted Stock Units ("RSUs") financial
"On June 18, 2026, the Reporting Person was granted 794,393 Restricted Stock Units ("RSUs") as part of the annual compensation package"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of Class A common stock"
trustee financial
"Reflects securities held directly by JKSFS Crut, for which Mr. Sheikh is the trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
pecuniary interest financial
"Mr. Sheikh disclaims beneficial ownership of any such securities except to the extent of his pecuniary interest therein"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sheikh Khurram P
(Last)(First)(Middle)
FOUR PALO ALTO SQUARE, SUITE 200
3000 EL CAMINO REAL
(Street)
PALO ALTO CALIFORNIA 94306
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
CXApp Inc. [ CXAI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/18/2026A794,393(1)A$03,510,828D
Class A Common Stock453,530ISee Footnote(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On June 18, 2026, the Reporting Person was granted 794,393 Restricted Stock Units ("RSUs") as part of the annual compensation package for serving as a director of the Company. Each RSU represents a contingent right to receive one share of Class A common stock of CXApp Inc. The RSUs will vest in full on the first anniversary of the grant date, provided that the Reporting Person continues to serve as a director of the Company through such date.
2. Reflects securities held directly by JKSFS Crut, for which Mr. Sheikh is the trustee. Mr. Sheikh disclaims beneficial ownership of any such securities except to the extent of his pecuniary interest therein.
/s/ Khurram P. Sheikh06/23/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What equity award did CXApp (CXAI) CEO Khurram Sheikh receive?

Khurram Sheikh received a grant of 794,393 Restricted Stock Units (RSUs) on June 18, 2026 as part of his annual compensation for serving as a director. Each RSU represents a contingent right to receive one share of CXApp Class A common stock.

When do the new RSUs for CXApp (CXAI) CEO Khurram Sheikh vest?

The 794,393 RSUs granted to Khurram Sheikh vest in full on the first anniversary of the June 18, 2026 grant date, provided he continues to serve as a director of CXApp Inc. through that vesting date.

How many CXApp (CXAI) shares does Khurram Sheikh hold after this Form 4?

After the reported transactions, Khurram Sheikh directly holds 3,510,828 shares of CXApp Class A common stock. A trust for which he is trustee, JKSFS Crut, holds an additional 453,530 shares, with Sheikh disclaiming beneficial ownership except for pecuniary interest.

Is the CXApp (CXAI) RSU grant to Khurram Sheikh an open-market purchase?

No, the 794,393 RSU award is a compensation grant, not an open-market purchase. It was issued at a reported price per share of $0.00 as part of his annual compensation package for serving as a director.

What does Khurram Sheikh’s indirect CXApp (CXAI) ownership represent?

The Form 4 shows 453,530 CXApp shares held indirectly by JKSFS Crut, for which Khurram Sheikh is trustee. He disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in the trust holdings.